The Federal Government has paid over N2 trillion owed to contractors for capital projects from the 2024 budget, and says it will now focus on ensuring timely release of funds …
Energy
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EconomyEnergyGOVERNMENTInfrastructureSocial WelfareTaxation
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Community DevelopmentEconomyEnvironmentNigeriaOil & GasSecurity
NNPCL to Expand Tantita Security’s Pipeline Surveillance Across Niger Delta
A concerned citizen, Mr. Prezugha Ezon, has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to extend the pipeline surveillance contract of Tantita Security Services …
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BusinessEnergyEnvironmentInfrastructureManufacturingRenewable EnergySouthern Africa
PPC Moves into Renewable Energy with Major Projects in Zimbabwe and South Africa
Pretoria Portland Cement Company (PPC), one of the largest cement producers in Southern Africa, is taking big steps into renewable energy as part of its long-term business strategy. The company …
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EnergyInternational AffairsLeadershipNigeriaOil & Gas
Nigerian Geoscientist Seye Ekun Elected Vice President of AAPG Africa Region
A Nigerian petroleum geoscientist, Mr. Seye Ekun, has been elected as the Vice President of the American Association of Petroleum Geologists (AAPG) Africa Region. His tenure will run from July …
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DevelopmentEconomyGovernment PolicyOil & GasPublic Finance
Tinubu Orders Review of Revenue Deductions by NNPC, FIRS, Customs, NIMASA and Others
President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …
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AFRICA NEWSBusinessEnergyEnvironmentLegal AffairsOil & Gas
South African Court Cancels TotalEnergies Oil Exploration Permit
A South African court has cancelled the environmental authorisation that allowed TotalEnergies and its joint venture partner, Shell, to carry out offshore oil exploration off the country’s west coast near …
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BusinessEconomyMiningOil & GasPolitics
Key Economic and Political Events Set to Shape African Markets on Thursday
Several economic indicators, company announcements, debt and currency market developments, and political events are expected to influence African markets on Thursday, with movements already being seen across global markets, commodity …
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President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …
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The Volta River Authority (VRA) has firmly denied reports claiming that a helicopter which recently made an emergency landing in Nkawkaw, Eastern Region of Ghana, belongs to the state-owned power …
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AgricultureBusinessEnergyEnvironmentInnovationWomen Empowerment
Rafiki Briquettes Changing the Face of Clean Cooking in Tanzania
In Tanzania, a new champion is emerging in the fight for cleaner kitchens and a healthier environment. It is not solar panels or wind turbines, but a small, mighty innovation …